New Stock Coverage: Advance Auto Parts Hits a Pothole

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Reid and Reed each ensured that equities ended up, although investors still shouldn't take anything as read. "Optimistic" comments from the Senate Majority Leader, allied to an S&P 500 Index (INDEXSP:.INX)-best 7.82% surge in Mr. Hastings' Netflix (NASDAQ:NFLX), both boosted bourses, even as much work remains to be done in DC. Amid belated bridge-building in Washington, Chicago Bridge & Iron (NYSE:CBI) jumped 2.04% to an historic high, though the fact that it hails from Holland is an indication our political parties must go Dutch to dig us out of this debt mess.

Auto Parts: Advance Auto Parts (NYSE:AAP) is initiated at a bearish Underperform with Wedbush, which has a new Neutral on AutoZone (NYSE:AZO) and an upbeat Outperform on O'Reilly Automotive (NASDAQ:ORLY).

CBS Corp (NYSE:CBS): Moffett Nathanson assigns a new Neutral on the broadcaster.

ClubCorp (NYSE:MYCC): The stock gets begun with a Buy at Goldman Sachs.

FireEye (NASDAQ:FEYE): UBS has a new Neutral on the application software name.

Forum Energy Technologies (NYSE:FET): FET is a fresh Outperform at Robert W. Baird, which assigns it a price objective of $35. Good growth prospects in horizontal drilling and hydraulic fracturing bode well for the firm, the broker believes.

Higher One Holdings (NYSE:ONE): Compass Point has a Sell rating, and $6.50 target price, on the stock amid ongoing pressure on fees.

Kosmos Energy (NYSE:KOS): KOS is covered with an Overweight at HSBC Securities. Its objective is $13.40.

L Brands (NYSE:LTD): KeyBanc has a Hold on the owner of Victoria's Secret.

Marvell (NASDAQ:MRVL): The tech stock is an Outperform at Raymond James.

Netflix (NASDAQ:NFLX): NFLX is a new Neutral at Moffett Nathanson.

Qualcomm (NASDAQ:QCOM): Shares are begun with a Buy and $80 objective at Stifel, which cites its impressive market share in the 4G and LTE arena.

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